Sovran Self Storage Set to Join the S&P MidCap 400; ePlus to be Added to S&P SmallCap 600

Aug 19, 2015, 17:37 ET from S&P Dow Jones Indices

NEW YORK, Aug. 19, 2015 /PRNewswire/ -- S&P SmallCap 600 constituent Sovran Self Storage Inc. (NYSE: SSS) will replace Ann Inc. (NYSE: ANN) in the S&P MidCap 400, and ePlus Inc. (NASD:PLUS) will replace Sovran Self Storage in the S&P SmallCap 600 after the close of trading on Friday, August 21. S&P MidCap 400 constituent Ascena Retail Group Inc. (NASD:ASNA) is acquiring Ann in a deal expected to be completed on or about that date.

Sovran Self Storage, a real estate investment trust (REIT), engages in the acquisition, ownership, and management of self-storage properties. Headquartered in Williamsville, NY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.

ePlus provides information technology products and services. Headquartered in Herndon, VA, the company will be added to the S&P SmallCap 600 GICS Application Software Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – August 21, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Sovran Self Storage

Financials

Specialized REITs

DELETED

Ann

Consumer Discretionary

Apparel Retail

 

S&P SMALLCAP 600 INDEX – August 21, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

ePlus

Information Technology

Application Software

DELETED

Sovran Self Storage

Financials

Specialized REITs

 

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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For more information:

David Blitzer Managing Director and Chairman of the Index Committee S&P Dow Jones Indices (+1) 212 438 3907 david.blitzer@spdji.com 

David R. Guarino Communications S&P Dow Jones Indices (+1) 212 438 1471 dave.guarino@spdji.com

SOURCE S&P Dow Jones Indices



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